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Gill Byrne

๐Ÿ‘ค Speaker
57 total appearances

Appearances Over Time

Podcast Appearances

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

Exactly, contact Jamesy and find out what the actual name is on the account.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

And I think a lot of us have examples of this in our phone book, like rent, creche, mum, sister, instead of the actual name of the account.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

So it does, there's probably a little bit of housekeeping that we all should do, have a look at.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

Exactly, because that's what it's going to do.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

It's going to match the name on the account and if you have rent instead of the landlord's name, every time you make a payment to your landlord, it's going to come back and say no match.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

Now again, you can proceed, but

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

we really should be doing, we should be vigilant, we should be doing these things properly, we should be using this additional security layer in the way it should be used.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

It is.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

We did consumer research in the last couple of months and three quarters of us when we're making a payment are concerned that we're going to send money to the wrong person.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

Yeah.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

And so it's active in everybody's mind.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

And what this does is it provides you with greater assurance that the person you're intending to pay is the person you're paying.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

So to be honest, the way the messages are sent between the banks and not to get too technical, but that probably is removed when the message is transmitted to the other bank.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

So I'd say the small, like for the fathers, for example, for Irish consumers, it probably won't result in a no match scenario.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

It could be... PayRightNow.ie.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

We have launched the industry public awareness campaign.

Breakfast Business with Joe Lynam
Some notable changes for bank customers have come into force

Please look.

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